Overcollateralization Floor definition

Overcollateralization Floor. With respect to any Distribution Date, 0.50% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

Overcollateralization Floor. An amount equal to the product of 0.50% and the Cut-off Date Balance.

Overcollateralization Floor. As to either Loan Group, an amount equal to 0.50% of the aggregate Stated Principal Balance of the related Mortgage Loans as of the Cut-off Date.

Examples of Overcollateralization Floor in a sentence

• With respect to any Distribution Date and Loan Group II, the related Overcollateralization Floor.

• OVERCOLLATERALIZATION TARGET AMOUNT: With respect to any distribution date and the Group I Loans and the Group II Loans, an amount equal to the Overcollateralization Floor.

• Overcollateralization Floor: An amount equal to the product of 0.50% and the Cut-off Date Principal Balance.

• On or after the Stepdown Date but prior to the Distribution Date in May 2013, provided a Trigger Event is not in effect, an amount equal to the greater of (x) 1.375% of the aggregate Stated Principal Balance of the Mortgage Loans for that Distribution Date and (y) the Overcollateralization Floor.

• SC-1 Schedule D Overcollateralization Floor Step-up Trigger Percentages...................................

More Definitions of Overcollateralization Floor

Overcollateralization Floor. With respect to the Group I Certificates, $3,370,251.52. With respect to the Group II Certificates, $4,778,428.65. With respect to the Mezzanine Certificates, $ 8,148,680.17.

Overcollateralization Floor. $4,999,898.57.

Overcollateralization Floor. With respect to the Certificates, an amount equal to 0.50% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

Overcollateralization Floor. An amount equal to 0.50% of the Cut-off Date Balance which is $4,239,625.85.

Overcollateralization Floor. An amount equal to 0.50% of the initial Pool Balance.

Overcollateralization Floor. With respect to the Group I Senior Principal Distribution Amount, $2,393,227.00. With respect to the Group II Senior Principal Distribution Amount, $1,133,714.00. With respect to each of the Class M-1 Principal Distribution Amount, the Class M-2 Principal Distribution Amount, the Class M-3 Principal Distribution Amount, the Class M-4 Principal Distribution Amount, the Class M-5 Principal Distribution Amount, the Class M-6 Principal Distribution Amount, the Class M-7 Principal Distribution Amount, the Class M-8 Principal Distribution Amount, the Class M-9 Principal Distribution Amount, the Class B-1 Principal Distribution Amount and the Class B-2 Principal Distribution Amount, $3,526,942.00.

Overcollateralization Floor. With respect to the Class A-1 Certificates, $2,441,438.69. With respect to the Class A-2 Certificates and the Class A-3 Certificates, $3,308,561.31. With respect to the Mezzanine Certificates and the Class B Certificates, $5,750,000.00.